IBULSHSGFIN, expecting a reversal....By The_RedTicker
Its a pattern (again!)
Currently NCDs of this comp are open for subscription where the guaranteed returns per year are 9+% (which is not at all small). Still if there is any inflow in the equity of this stock, that means, market cumulatively expects a return more than a flat 9+% from the stock. Which will be a big deal for me.
Consider the mentioned targets as just a stepping stone, if my analysis is correct, you will remember me for this trade. Such will be the move. Sl of WCB, mentioned on charts....
#The_RedTicker
*Disclaimer, I do hold this in one of the PF and, may or may not add fresh after this post.